To form a partnership firm a proper partnership agreement or partnership deed has to be prepared on a Rs.5000 Non judicial stamp paper. One must use the services of an experienced lawyer to avoid future issues. At ZwapAll, we have drafted and registered several number of partnership deeds for our clients in Kerala. Partnership deed registration is mandatory for applying for Start-up approval with GOI and for applying for loans with the Banks.
Partnership deed must be prepared on Rs.5000 stamp paper as per the new regulations.
Fee for preparing Partnership Deed shall be paid at the time of entrusting the work
After preparation of the deed, it must be signed by all the partners. It must also have signatures of independent witnesses.
The Partnership deed is submitted to the “Registrar of Firms, Kerala” along with necessary documents and fees. On approval of these documents by the “Registrar of Firms” the “Partnership Firm” is established as a legal entity and can start business under the chosen name.
Once we have the aforementioned documents and details we shall prepare the necessary documents, file applications offline and online to get it registered.
Timeline for Deed registration : Around 2 Months